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down payment

Word family
Related topics: Finance
ˌdown ˈpayment noun [countableC]  
BFa payment you make when you buy something that is only part of the full price, with the rest to be paid later 〔分期付款购物的〕首付款,首期付款,头款,订金
 We’ve almost got enough money to make a down payment on a house.
我们差不多有足够的钱支付买房的首付了。
Examples from the Corpus
From Longman Business Dictionary
down paymentˌdown ˈpayment [countableC]FINANCE
the first payment made in the repayment of a large debt, such as a mortgage
The mortgage company reduced to 5% the minimum down payment that first-time homebuyers must make.
Unsecured creditors should agree to accept a down payment of around 35p in the pound.
payment
ˌdown ˈpayment noun
Chinese
Syllable
Corpus

See also: down payment


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